Consumer Staples · CIK 0000056873

KR Kroger

Weak positive

Kroger's management tone tended to become more positive when quarterly net income improved.

Relationship strength (, primary)

0.28

Sample

10 quarterly observations

More established sample

Multiple-testing check

Does not remain notable after adjusting for hundreds of tests. Why?

Pearson (secondary): -0.09 Why show both?

The analysis measures a same-filing relationship, not a forecast. Limitations

Tone vs earnings change

Each dot represents one 10-Q filing. Points farther right have more positive MD&A tone. Points higher on the chart had stronger year-over-year net income growth, after extreme percent changes are capped. Upper-right and lower-left points indicate tone and earnings moving in the same direction. How to read this chart

Direction agreement

Tone and earnings moved in the same direction in 3 of 6 comparable quarters.

3 / 6 direction agreement

How is agreement calculated?

Statistical details (Pearson, p-values, q, confidence interval)

Spearman ρ (exact)	0.285 (p=0.425)
Pearson r	-0.094 (p=0.796)
95% CI (Pearson)	[-0.68, 0.57]
FDR q	0.885
Sample size (n)	10 · More established sample
Agreement	3 / 6 (3 / 6)

Revenue analysis (secondary metric)

Secondary to net income because revenue concepts are less comparable across some industries.

Relationship

Weak positive

Spearman

0.25

Pearson

0.10

Sample

10 quarterly observations

Annual 10-K analysis (secondary analysis)

Annual samples are shorter and are not mixed into the default quarterly board.

Relationship

Moderate negative

Spearman

-0.60

Pearson

-0.51

Sample

5 annual observations

Filing history

Tone shown to three decimals so small nonzero values stay visible.

Quarterly (10-Q)

Date	Form	Tone	Net income YoY	Revenue YoY
Jun 26, 2026	10-Q	+0.018	n/a	n/a
Dec 12, 2025	10-Q	+0.170	-313.6%	+0.7%
Sep 19, 2025	10-Q	+0.206	+30.7%	+0.1%
Jun 27, 2025	10-Q	+0.197	n/a	n/a
Dec 13, 2024	10-Q	+0.085	-4.3%	-1.0%
Sep 20, 2024	10-Q	+0.085	+358.9%	+0.2%
Jun 28, 2024	10-Q	+0.087	n/a	n/a
Dec 8, 2023	10-Q	+0.050	+62.3%	-0.7%
Sep 15, 2023	10-Q	+0.037	-124.6%	-2.3%
Jun 23, 2023	10-Q	+0.154	n/a	n/a
Dec 9, 2022	10-Q	+0.104	-17.6%	+7.3%
Sep 16, 2022	10-Q	+0.173	+56.5%	+9.3%
Jun 24, 2022	10-Q	+0.174	n/a	n/a
Dec 10, 2021	10-Q	+0.038	-23.5%	+7.2%
Sep 17, 2021	10-Q	-0.001	-43.0%	+3.9%

Annual (10-K)

Date	Form	Tone	Net income YoY	Revenue YoY
Mar 31, 2026	10-K	+0.012	-61.9%	n/a
Apr 1, 2025	10-K	-0.025	+23.2%	-1.9%
Apr 2, 2024	10-K	-0.053	-3.6%	n/a
Mar 28, 2023	10-K	-0.008	+35.6%	+7.5%
Mar 29, 2022	10-K	+0.007	-36.0%	+4.1%